Romspen US Mortgage
Investment Fund

  • Performance built on a foundation of low risk tolerance, rigorous underwriting and many decades of experience
  • Invest and receive consistent cash distributions in US Dollars. No U.S tax filing required
  • The Fund’s investments are secured by commercial real estate, including land, retail, industrial, office, and multi-family residential properties in the U.S only
  • The Fund seeks compelling opportunities that are often overlooked by traditional institutional lenders

Romspen US Mortgage Investment Fund is available to Accredited Investors and the Fundserv Dealer Network

Romspen US Mortgage Investment Fund (USD) June 30, 2021
  • Master Fund Portfolio Size$477 Million
  • # of Mortgages34
  • Master Fund Yield (TTM)19.5%
  • Net Asset Value Per Unit$10.00

1– Trailing 12-Month Compounded Net Yield Yield is calculated on a cash-on-cash basis, net of fees, and assumes a monthly reinvestment of distributions. It does not take into account income taxes, changes in unit values, third-party expenses or redemption charges.

RMIF Portfolio Allocation – As of Q2 2021

By Geography
  • Southeast
  • South Central
  • Southwest
  • Northeast
  • Northwest
  • Midwest
By Amount
  • Under $5 million
  • $5-$10 million
  • $10-$20 million
  • Over $20 million
By Type
  • Pre-Development
  • Term
  • Construction
By Maturity
  • Under 1 year
  • 1-2 years

Performance Overview – June 30, 2021

Net Distribution %
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Yield
2021 0.79 0.68 0.75 0.73 0.72 0.71 9.6%1
2020 0.77 0.77 0.40 0.41 0.61 0.60 0.60 0.60 0.60 0.60 0.61 1.96 8.56%
2019 0.76 0.71 0.70 0.70 0.71 0.71 0.71 0.73 0.70 0.70 0.78 0.74 9.0%
2018 0.86 0.78 0.78 0.80 0.77 0.81 0.79 0.81 0.78 0.77 0.77 0.78 9.9%
2017 0.77 0.78 0.88 0.80 0.82 10.2%2

1– Trailing 12-Month Compounded Net Yield
2– Annualized Compounded Net Yield

Year-to-Date Performance
Trailing 12-Month Performance – June 30, 2021

Results shown are for TIG Romspen US Master Mortgage LP (the “Master Fund”). The Romspen US Mortgage Investment Fund (the “Fund”) is one of a number of feeder funds of the Master Fund in a master-feeder structure, and will have certain additional administrative fees and expenses, which will cause the Fund’s net yield to be lower than those of the Master Fund. Calculations of compound yields are net of Master Fund fees and expenses. All yields are annualized and assume monthly reinvestment of distributions. It does not take into account income taxes, changes in unit values, third-party expenses or redemption charges. In June 2018, US mortgage loans were transferred from Romspen US Mortgage LP to the Master Fund, and Romspen US Mortgage LP became a feeder fund of the Master Fund.

Romspen yield is net, comparative returns are gross

  • Manager Romspen Investment Corporation
  • Structure Limited Partnership
  • FundSERV Symbol RIC200
  • Minimum Investment USD $50,000 (Dealer); USD $150,000 (Direct)
  • Purchases Monthly on the 1st business day
  • Distributions Monthly on the 20th of the month
  • Redemption Monthly on the 20th of the month with 30 days’ notice
  • Registered Plans Not eligible
  • Eligibility “Accredited Investor” or other applicable prospectus exemption
  • Fees 1.25%
  • Early Redemption Fee 4% within first year, no fee thereafter
  • Fund Administrator SS&C Technologies Inc.
  • Fund Auditor KPMG LLP
  • Legal Counsel Morgan, Lewis & Bockius LLP; Gardiner Roberts LLP